507, WOLVERHAMPTON ROAD, OLDBURY, B68 8DD - £340,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

507 WOLVERHAMPTON ROAD is a very large detached house of 151m², built sometime between 1930 and 1949. It was last sold for £340,000 in April 2015, which was around 81% above the average April 2015 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

507 WOLVERHAMPTON ROAD Sold Prices

Land registry data shows three sales for 507 WOLVERHAMPTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 507 WOLVERHAMPTON ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 17 APR	£340,000	£187,925	81% above HPI
1998 28 AUG	£125,000	£75,655	65% above HPI
1995 7 NOV	£95,000	£66,030	44% above HPI

507 WOLVERHAMPTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 507 WOLVERHAMPTON ROAD sales between November 1995 and April 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 1998 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the April 2015 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 507 WOLVERHAMPTON ROAD?

507 WOLVERHAMPTON ROAD is 151m² according to the EPC inspection conducted in September 2012. This puts it in the largest 20% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 507 WOLVERHAMPTON ROAD lies on this distribution: 88% of detached houses are smaller than 507 WOLVERHAMPTON ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

507 WOLVERHAMPTON ROAD: Plot and Title Map

507 WOLVERHAMPTON ROAD sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 507 WOLVERHAMPTON ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 507 WOLVERHAMPTON ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 507 WOLVERHAMPTON ROAD?

507 WOLVERHAMPTON ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 507 on WOLVERHAMPTON ROAD.